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Opendoor Is 'Total Garbage,' This Hedge Fund Manager Says: 'The Business Model Does Not Work' - Opendoor Technologies (NASDAQ:OPEN)
OpendoorOpendoor(US:OPEN) Benzinga·2025-09-22 08:31

Hedge fund manager George Noble criticized iBuying platform Opendoor Technologies Inc. OPEN, which has seen a monumental 1,776% rally since hitting an all-time low in late June. The Business Model ‘Does Not Work’In a post on X, Noble, who has founded two billion-dollar hedge funds and was an assistant to famed investor Peter Lynch, called Opendoor “total garbage,” while warning investors against believing in its long-term viability. “The company has lost money every single year since its founding,” Noble sa ...